Advertised around the web as a safe instrument to ensure the boost of one's savings or profits, 8BIT uses the hybrid type of consensus and operates with the Scrypt algorithm. The circulating supply of the currency is only about 1,5 million.The purpose of 8BIT being created in the first place is the safe trade and protection of the profits linked to the blockchain. There two kinds of the currency – one concerned more with the corporate investment (8Bit) and the other (8BIT) is said to be designed for government bonds.